Property Details for 19/24 Mittagang Rd, Cooma
19/24 Mittagang Rd, Cooma is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1955.
Last Listing description (May 2025)
A fantastic opportunity awaits with these freshly renovated units. With great tenants already in place, this property offers a low-maintenance, hassle-free investment, perfect for both first-time investors and experienced landlords alike.
Situated adjacent to both primary and high schools, and just a short walk from Snowy Hydro Headquarters, this property is in a prime location for long-term rental appeal.
Key Features:
2 Units 1 Bed, 1 Bath + 2 Bed, 1 Bath: Both units are beautifully finished with modern features, making them desirable in today's rental market.
Steady Rental Income: Total rental return of $740 per week - Currently leased with great tenants until November 2025, the property provides a rental return of $700 per week, ensuring reliable and consistent income. In addition, one of the two included garages is rented for an additional $40 per week, while the other has been retained by the current owner.
Turnkey Investment: All the hard work has already been done this is a true "set-and-forget" investment, with nothing more to do but enjoy the returns.
Modern Open-Plan Living: Both units feature open-plan kitchen, living, and dining areas with a contemporary feel and built-in wardrobes for added convenience.
Prime Location: Just a short distance to local schools, Snowy Hydro Headquarters, nearby Cafs, and parks.
Fully Furnished: This makes it an easy option for both tenants and investors.
Secure Garages: Two garages are included, adding even more value to this already fantastic opportunity.
Whether you're just starting out or looking to expand your portfolio, this property is the perfect choice for reliable and hassle-free returns.
Property History for 19/24 Mittagang Rd, Cooma, NSW 2630
- 15 Oct 2024Listed for Sale Price $460,000
Recent sales nearby
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0About Cooma 2630
The size of Cooma is approximately 97.8 square kilometres. It has 16 parks covering nearly 4.2% of total area. The population of Cooma in 2016 was 6681 people. By 2021 the population was 6715 showing a population growth of 0.5% in the area during that time. The predominant age group in Cooma is 30-39 years. Households in Cooma are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cooma work in a professional occupation.In 2021, 67.20% of the homes in Cooma were owner-occupied compared with 64.50% in 2016.
Cooma has 4,029 properties. Over the last 5 years, Houses in Cooma have seen a 39.55% increase in median value, while Units have seen a 222.11% increase. As at 30 April 2026:
- The median value for Houses in Cooma is $527,800 while the median value for Units is $720,312.
- Houses have a median rent of $520 while Units have a median rent of $365.
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